Skycycle

U. S. Steel and CarbonFree Sign Definitive Agreement to Capture Carbon Dioxide Emissions at One of the Largest North American Integrated Steel Mills

Retrieved on: 
星期三, 四月 3, 2024

United States Steel Corporation (U. S. Steel) (NYSE: X) and CarbonFree , a leader in carbon capture technology, today announced the signing of a definitive agreement to capture carbon emissions generated from U. S. Steel’s Gary Works Blast Furnaces in a first-of-its-kind project.

Key Points: 
  • United States Steel Corporation (U. S. Steel) (NYSE: X) and CarbonFree , a leader in carbon capture technology, today announced the signing of a definitive agreement to capture carbon emissions generated from U. S. Steel’s Gary Works Blast Furnaces in a first-of-its-kind project.
  • Photo Credit: Fluor Corporation
    U. S. Steel’s involvement aligns with its goal of reducing greenhouse gas emissions intensity 20% by 2030 and achieving net-zero emissions by 2050.
  • In addition, the initial SkyCycle project responds to the increasing demand for low emissions products, such as verdeX™ advanced sustainable steel, from customers.
  • “At CarbonFree, we are pioneering profitable carbon capture utilization through disruptive specialty chemical manufacturing using waste carbon dioxide as a primary feedstock.

U. S. Steel and CarbonFree Ink MoU to Capture CO2 Emissions at One of the Largest Integrated Steel Mills in North America

Retrieved on: 
星期四, 三月 2, 2023

S. Steel”) and CarbonFree Chemicals Holdings, LLC (CarbonFree) have signed a non-binding Memorandum of Understanding (MoU) to jointly pursue the capture of CO2 emissions generated from U. S. Steel’s Gary Works manufacturing plant using CarbonFree’s SkyCycle™ technology.

Key Points: 
  • S. Steel”) and CarbonFree Chemicals Holdings, LLC (CarbonFree) have signed a non-binding Memorandum of Understanding (MoU) to jointly pursue the capture of CO2 emissions generated from U. S. Steel’s Gary Works manufacturing plant using CarbonFree’s SkyCycle™ technology.
  • If a definitive agreement is reached, the project is expected to capture and mineralize up to 50,000 metric tons of CO2 per year, the equivalent to carbon emissions from nearly 11,000 passenger cars .
  • View the full release here: https://www.businesswire.com/news/home/20230301006203/en/
    SkyCycle, CarbonFree’s second-generation technology, is a modular, scalable and patented technology designed to directly capture CO2 emissions from a wide variety of hard-to-abate industrial emitters.
  • The technology produces PCC for sale into the global specialty chemicals market, and calcium carbonate for the sequestration of CO2.